You Won’t Believe What WIF Just Did – Is Dogwifhat the Secret to Crypto Riches? 🐕💰

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There was a day, and it wasn’t even so long ago, when Dogwifhat sat quiet as a stone beneath the foreign, unfeeling sky, its price lower than a lizard’s belly in an icy wind. But that was two sunsets back, and things have changed. Now, Dogwifhat rises again—up and up—right alongside ol’ Bitcoin and those Solana misfits: Bonk, Fartcoin, and the ever-perplexing Pudgy Penguins. Yes, the whole memecoin circus is limbering up for another round. 🤡

On July 3, Dogwifhat (WIF) fetched itself all the way up to $0.92, a jump of 43% from when folks just about gave up on it this week. There’s something about a price retracing its steps across the dust that brings out hope in a man, or perhaps just wishful thinking. And there’s more: the on-chain numbers whisper of the whales—those sneaky giants in the deep. According to the bookkeeping magicians over at Nansen, the Dogwifhat whales have packed on a few tokens, now holding 39 million, an increase from last month’s meager 38.4 million. Big numbers, big teeth, big dreams.

The top 100 holders are not ones to be left in the dust either, swelling their coffers with over 771 million WIF. Back in June, they only had 746 million. Gotta keep up with the Joneses, even if the Joneses live in cold, digital ledgers. 🐳

Word around the Internet town is, folks are dragging their WIF off the exchanges. That’s usually what happens when a man decides to hole up for the winter—or the next bull market. The exchange stashes have dropped by 2% this moon-cycle, settling at about 581 million tokens. If that doesn’t spell “diamond hands”, I’ll eat my hat, and it won’t even have a wif on it. 😅

If you scratch below the surface, burrow into the dry part of speculation, you’ll find a theory: WIF isn’t just along for the ride, it could lead the hullabaloo if the bulls decide to stampede later this year. Why? Folks say things like “interest rate cuts” and “institutional demand” and “SEC ETF approvals,” but mostly, people just want to see numbers go up. 📈

Technical Analysis: Like Magic, But With More Lines

Stare at the daily chart long enough and you’ll see all kinds of destinies. WIF is strutting above its 50-day EMA like it owns the road. Some call it bullish momentum—I call it a coin out for a brisk afternoon walk after a long nap.

Then there’s talk of wedges—falling, converging, urgent. WIF’s broken out of its falling wedge, looking to the sky like a prairie dog catching a scent of opportunity. Above the upper boundary, it goes, leaving the doubters behind.

If that’s not enough chart sorcery for you, there’s the classic “cup-and-handle.” The cup’s brim sits at $1.34, the base deep down at $0.3185—deeper than a farmhand’s regret. Cup depth: around 76%. The “handle” they speak of? That’s just the wedge, trying to look important.

If you chart the arc, the next line in the sand is $2.37. That’s a whopping 155% from where things stand. Some call it resistance; I call it an invitation to dream, as long as you’re willing to spill a little coffee in your lap along the way. ☕

Bulls, bears, coins with hats—everyone takes their turn. But in this market, as in the wilderness, sometimes you just have to put your paws to the ground and see if you can outrun your own shadow.

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2025-07-04 00:49